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Author Topic: Why I think all crypto is scam  (Read 2216 times)
alrose
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November 19, 2019, 08:15:47 PM
 #101

I sometimes ask myself: if crypto was not considered as a mechanism for making fast money, would it have attracted so much attention? Probably not. Almost the value of coin with USD is every thing. Trading is not wrong thing, USD itself is also traded today. But, USD is used in real life as required, so what about crypto? I guess the answer is no again.
You have to understand that right now we are in limbo.Read the book: Jacques Attali.A brief history of the future.Most likely from it You will understand that our future is decentralized and it seems to me that cryptocurrencies in any case will occupy a niche and will be used by many countries.just not the time yet.Alas, now the market is speculative and everyone wants to make money on it.But the real purpose of crypto we will all see not immediately, but gradually.

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November 19, 2019, 08:42:12 PM
 #102

Disagree. That is true - most project only for grabing our money. But if crypto scam - than BTC scam. Why we don't say that fiat is a scam? It is only paper even without gold support.
Bitcoin is created as a decentralized currency but everyone wants to pounce on the opportunity and started coming out with their version of the coin, we do not want several version of the coin and some started out for fun and started having huge followers and that includes litecoin and dogecoin for example, if you are looking for having a revolution, we need to focus on one coin rather than several thousands.
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November 19, 2019, 09:08:06 PM
 #103

I sometimes ask myself: if crypto was not considered as a mechanism for making fast money, would it have attracted so much attention? Probably not. Almost the value of coin with USD is every thing. Trading is not wrong thing, USD itself is also traded today. But, USD is used in real life as required, so what about crypto? I guess the answer is no again.
You have to understand that right now we are in limbo.Read the book: Jacques Attali.A brief history of the future.Most likely from it You will understand that our future is decentralized and it seems to me that cryptocurrencies in any case will occupy a niche and will be used by many countries.just not the time yet.Alas, now the market is speculative and everyone wants to make money on it.But the real purpose of crypto we will all see not immediately, but gradually.
I thought that for everyone it became obvious that cryptocurrency in the future will be one of the most important tools in the economy and will be one of the most used funds. of course, we don’t know when it will be but we have a good opportunity to be the first in it

nicster551
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November 19, 2019, 09:27:42 PM
 #104

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
I fully agree with this roadmaps and whitepapers are all just promises and even a 10year old boy can make a disrupting idea like that. Thats why im out for all those projects that promises a lot. As long as one promises didnt get materialized,I consider it as a red flag and move on to the next project. What I really want to support right now is that they dont have fundraising but a pure developments in the product using their own money. And that is very hard to find because they didnt give funds for marketing.
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November 20, 2019, 03:41:32 AM
 #105

A team of good programmers could develop a blockchain which can replace banks and paper money
I agree on your statement above but except for this. Why ICO projects are in need of marketing people? They need them because they need marketing for the business, they need them because ICO project should have a real project or a physical project. It's not all about programming. If it's a group of programmers then I can consider it as a scam since I'll immediately consider that as a ICO that does not have a physical project.




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November 20, 2019, 03:55:42 AM
 #106

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
In the above paragraph you are talking about the ICO projects and only the curent ICO projects because these points which you mentioned are taking place only in the current ICOs and in the past the ICOs were much simple. So according to that above paragraph you cannot blame all the crypto.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
Those coins which you mentioned in that specific paragraph can easily be adopted and can be used but it only need our support in a perfect way. As we know that there are a number of services which accept crypto, there are a number of shops which accept crypto for purchasing but still we often use fiat or paypal on other places to buy these goods and services which are easily available with crypto payment.
One another problem is that those companies which accept crypto often do not do well marketing so many people think that these coins are not used in the real world.

A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
All the crypto processes are decentralized and the programmers are not controlled by any power or a group but as banks and paper money is controlled and supported by the governments so for replacing it the government involvement will be required. In the start the governments were against the crypto but now it looks like the governments are taking action to adopt crypto
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November 20, 2019, 04:11:26 AM
 #107

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.

Cheers bro 🍺
I agree with everything you reveal, and even the 3-year roadmap isn't 100% sure they will stay alive for work.
we can see a year ago when altcoin ICO has sprung up with their technology offerings and promising roadmaps and what happens now?

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November 20, 2019, 04:22:35 AM
 #108

If you don' t have a good sense of crypto currency, you' ll still think bad for it. Because the time is now towards the technology trend. The use of coin to apply to life is supported in developed countries. So i think the cryptocurrency will be supported in the future.  And now it' s a good time for people to invest in it.
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November 20, 2019, 04:56:16 AM
 #109

I think it's controlled by their team and could be manipulated. but what causes prices to fall is the big investors who sell low prices with the presale they get.
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November 20, 2019, 06:29:57 AM
 #110

A team of good programmers could develop a blockchain which can replace banks and paper money
I agree on your statement above but except for this. Why ICO projects are in need of marketing people? They need them because they need marketing for the business, they need them because ICO project should have a real project or a physical project. It's not all about programming. If it's a group of programmers then I can consider it as a scam since I'll immediately consider that as a ICO that does not have a physical project.

Programing and real products are needed in the cryptocurrency market. With good programming and also good products, investors will trust to invest more and have confidence that the project will be able to be independent quickly. A good project in my opinion is a project that has projected income from the sale or use of the product
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November 20, 2019, 07:24:08 AM
 #111

You say that crypto scam is probably because you haven't found a fixed token that can give you a big profit. and I also admit that most new projects or new altcoins are scams. but if because of this we say crypto scam I think that's wrong. because if we see there are a lot of crypto coins that are not scams and can give us a big advantage, namely the coins that are ranked top. we can make a profit when we buy and sell coins at the right time. therefore we must also always conduct research in order to avoid fraud and false speculation.

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November 20, 2019, 07:27:52 AM
 #112

indeed all cryptocurrency including bitcoin has potential for scams only that can still make cryptocurrency not scam, even ICO and IEO that are not scam are from requests and their use in a society that is increasingly the key because if there are no more demand then surely a cryptocurrency will be scam and no longer active.

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November 20, 2019, 07:32:37 AM
 #113

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.

Disagree. That is true - most project only for grabing our money. But if crypto scam - than BTC scam. Why we don't say that fiat is a scam? It is only paper even without gold support.
Nice thought pal, just as i pictured it, if crypto is scam then bitcoin is scam and if bitcoin is scam then fiat is scam also, robert kiyosaki said why work for money when they are actually printing money fast every minutes? fiat is the biggest scam in history of mankind lol Cheesy
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November 20, 2019, 07:33:25 AM
 #114

You say that crypto scam is probably because you haven't found a fixed token that can give you a big profit. and I also admit that most new projects or new altcoins are scams. but if because of this we say crypto scam I think that's wrong. because if we see there are a lot of crypto coins that are not scams and can give us a big advantage, namely the coins that are ranked top. we can make a profit when we buy and sell coins at the right time. therefore we must also always conduct research in order to avoid fraud and false speculation.
I agree with your statement, there are indeed many crypto scams, but not all crypto scams, we must be good at choosing potential coins, so that they can bring benefits later. maybe you choose a new project and bring harm to you, but there are still many traders here who get a lot of profit from the crypto world


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November 20, 2019, 07:34:43 AM
 #115

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.

Cheers bro 🍺
I agree with everything you reveal, and even the 3-year roadmap isn't 100% sure they will stay alive for work.
we can see a year ago when altcoin ICO has sprung up with their technology offerings and promising roadmaps and what happens now?

Not according to what is on the road map, it was only their goal at the beginning, the rest they did not live up to their promises, and as I know many projects that are not concerned with the road map that is in their project, so it was all just nonsense that they do it.

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November 20, 2019, 08:20:18 AM
 #116

With some points, I agree with you as they extend the project and don't follow the original road map mentioned in whitepaper or website and in 2018 and now in 2019, there are many projects who are still extending the date of trading.

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November 20, 2019, 08:57:56 AM
 #117

A team of good programmers could develop a blockchain which can replace banks and paper money
I agree on your statement above but except for this. Why ICO projects are in need of marketing people? They need them because they need marketing for the business, they need them because ICO project should have a real project or a physical project. It's not all about programming. If it's a group of programmers then I can consider it as a scam since I'll immediately consider that as a ICO that does not have a physical project.
You definitely misunderstood what the OP was referring to because he talking about the crypto community not needing most of the ICOs, IEOs and STOs project because some of them are just imitating previous concept launched by a project long ago all for the purpose of enriching their pocket.

whotheff (OP)
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November 20, 2019, 09:14:02 AM
 #118

A team of good programmers could develop a blockchain which can replace banks and paper money
I agree on your statement above but except for this. Why ICO projects are in need of marketing people? They need them because they need marketing for the business, they need them because ICO project should have a real project or a physical project. It's not all about programming. If it's a group of programmers then I can consider it as a scam since I'll immediately consider that as a ICO that does not have a physical project.
You definitely misunderstood what the OP was referring to because he talking about the crypto community not needing most of the ICOs, IEOs and STOs project because some of them are just imitating previous concept launched by a project long ago all for the purpose of enriching their pocket.

Exactly

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November 20, 2019, 09:18:54 AM
 #119

You are right, all this is meaningless in terms of the implementation of these ideas, if they are not actually used. Mainly, various announcements to improve the project lead only to fluctuations in the value of its coins, and the introduction into the infrastructure of cities and countries does not occur.
yes, they only use fluctuating coin values ​​to get more money. Even though the project developed is quite good and can be a new innovation for the progress of city or state infrastructure. The project is only in the form of a roadmap and objectives that were never achieved. Always provide speculation about the success the project will achieve.
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November 20, 2019, 09:32:25 AM
 #120

With some points, I agree with you as they extend the project and don't follow the original road map mentioned in whitepaper or website and in 2018 and now in 2019, there are many projects who are still extending the date of trading.
It does not guarantee that the extension of time that has been done will make the project successful. many have done that just so that tokens can be registered but the value obtained is far from the ICO price, so tokens are of no value. it's the same thing.
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